How to Buy Viomi Technology Co Stock
Viomi Technology Co Ltd
Viomi Technology Co. , Ltd, through its subsidiaries, develops and sells Internet-of-things-enabled (IoT-enabled) smart home products in the People's Republic of China.
Viomi Technology Co stock last closed at $0.70, up 0.14% from the previous day, and has decreased 31.57% in one year. It has underperformed other stocks in the Furnishings Fixtures & Appliances industry by 0.34 percentage points. Viomi Technology Co stock is currently +38.77% from its 52-week low of $0.50, and -35.96% from its 52-week high of $1.09.
As of May 2, 2024, there are 204.67M shares of VIOT outstanding. The market capitalization of VIOT is $47.57M. In the past 24 hours, 104,197 VIOT shares were traded.
How to Buy Viomi Technology Co Stock
Not sure how to invest in Viomi Technology Co stock? Here's how.
- Figure out where to buy Viomi Technology Co stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you figure out where to buy Viomi Technology Co stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Choose your payment method and add your information.
- Research Viomi Technology Co stock: The Viomi Technology Co ticker symbol is VIOT. Is Viomi Technology Co stock a good investment? Should you buy shares of VIOT? How do VIOT's underlying business fundamentals look? Do top analysts think Viomi Technology Co is a good buy? Why has VIOT's stock price moved recently? (Hint: Our stock research tools can help you figure out if VIOT is a good stock to buy).
- Execute your VIOT purchase: Decide if you will purchase VIOT shares at the current market price or use a limit order to purchase VIOT shares at a specific price.
- Get the latest news on your VIOT investment: Create a watchlist to key updates about your new investment in Viomi Technology Co shares.
Step 1: Figure out where to buy Viomi Technology Co stock
You will need a brokerage account to access the NASDAQ market and buy VIOT stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected your brokerage, the next step is to fill out some personal information so you can buy VIOT today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to open your new brokerage account.
- Send your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have opened your account on a mobile trading app, your next step is to transfer the money for your investment:
Watch the walkthrough below to see the process of depositing money into your brokerage account.
Step 4: Research Viomi Technology Co stock
After you have figured out the best place to buy Viomi Technology Co stock, it's very important to analyze their stock prior to buying, so you truly understand the risk as well as the opportunity.
Viomi Technology Co stock at a glance
VIOT Fundamentals
WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on VIOT's stock page.
Is VIOT stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge VIOT's intrinsic value.
Using relative valuations metrics:
- VIOT may be undervalued based on its P/B ratio of 0.26x, relative to Furnishings Fixtures & Appliances industry P/B ratio of 2.15x
You can access more valuation analysis on VIOT's stock here.
VIOT Financial Health
Signs that VIOT is financially healthy:
- VIOT profit margin has gone up from -8.5% to -3.4% in the past year.
- VIOT has cash burn of 29722268. It has sufficient cash and short-term investments to cover this for at least one year.
- VIOT has $152.50M in cash and short term investments. This is enough to cover its annual cash burn of $29.72M.
- There are more short-term assets than long-term liabilities on the VIOT balance sheet.
- There are more short-term assets than short-term liabilities on the VIOT balance sheet.
Signs that VIOT is not financially healthy:
- Total VIOT debt is higher than 5 years ago, relative to shareholder equity.
- VIOT has a relatively high debt to equity ratio of 1.05.
You can dig deeper into what analysts are saying on the Viomi Technology Co stock forecast page.
VIOT Technical Indicators
VIOT Earnings
Last year, VIOT revenue was $344.87M. During the last five year, VIOT's revenue has gone up by -1.05% per year. This was slower than the Furnishings Fixtures & Appliances industry average of 20.58%.
You can analyze VIOT's earnings and revenue performance here.
Who is buying/selling VIOT?
Over the past year, executives and large shareholders at VIOT have not bought or sold any shares.
Research more about who owns VIOT shares here.
Can I get consistent income from VIOT stock?
No, Viomi Technology Co doesn't provide an income stream by paying out dividends.
What do other investors have to say about VIOT?
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Execute your VIOT purchase
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally the best for newer investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount limit, use a limit order.
Hit the Open button and your broker will place the order.
If you require more help buying stocks on eToro, click the how to video below:
Step 6: Get the latest news on your VIOT investment
Now that you own some shares in VIOT, you'll want to stay up-to-date on your company.
Make a watchlist to get alerted to the latest events about your VIOT stock.
VIOT Feed
How to Buy Stock in Viomi Technology Co
To summarize, here are the 6 steps you need to take to buy Viomi Technology Co stock right now:
- Figure out where to buy Viomi Technology Co stock
- Open a brokerage account
- Deposit funds into your brokerage account
- Research Viomi Technology Co stock
- Execute your VIOT purchase
- Get the latest news on your VIOT investment
If you need a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep an eye on your investment in Viomi Technology Co, click the button below.
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